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America s best-known banker is apologizing for a wisecrack that his employer would outlast China s Communist Party. Jamie Dimon, CEO of JPMorgan Chase, made the remarks while speaking on a panel in Boston on Tuesday. I made a joke the other day that the Communist Party is celebrating its 100th year m
stanley cup dash; so is JPMorgan. I d make a bet that we last longer, Dimon said at the panel, according to Bloomberg. The executive also said he would be unable to make such a joke if he were in China, adding that officials there would likely see his comments.By Wednesday, Dimon was rapidly walking back the joke. I truly regret my recent comment because it s never right to joke about or denigrate any group of people, whether it s a country, its leadership, or any part of a society and culture, Dimon said in a statement that was shared with CSB MoneyWatch. Speaking in that way can take away from constructive and thoughtful dialogue in society, which is needed now mo
stanley cup re than ever. In a separate statement, Dimon said he was trying to emphasize the strength and longevity of our company, according to the Associated Press. It isn t the first that Dimon mdash; known as one of the most outspoken executi
stanley cup ves on Wall Street mdash; has had to tamp down controversy after making a brash statement. In 2018, heboasted that he could beat then-president Donald Trump at the ballot box, saying, I m smarter than he is. A day later, Dimon acknowledged Dxkg Drunk gambler: Casino was just trying to take advantage
A lawsuit by MGM Resorts against survivors of the worst mass shooting in modern U.S. history claims it cannot be he
adidas campus ld financially liable for the Las Vegas massacre last October. The lawsuit seeks to have a federal judge throw out the claims of hundreds of survivors against MGM -- and stop new ones. In two federal lawsuits filed against hundreds of shooting victims last week, MGM says it cannot be held liable... for deaths, injuries or other damages arising from the shooting, reports CBS News Jericka Duncan. It cites the Safety Act, a law that encourages security firms to develop new anti-terrorism measures. In exchange, companies who use those security firms are immune from claims. MGM says it can t be sued for the shooting because the security firm it hired for the concert was certified under the Safety Act. MGM owns the Las Vegas concert venue where the October shooting took place. It also owns the hotel from which the gunman opened fire, killing 58 people and injuring more than 500. Even so, the company believes, it doesn t owe any of the victims a dime. Nine months after the Las Vegas shooting, shooting survivor Lisa Fine s physical injuries have healed. Her emotional and psychological wounds have not. Fine
stanley cup is the co-founder of Route 91 Strong, a group for survivors of the concert shooting. Fine says MGM s latest l
asics egal maneuver makes her feel sick to her stomach. It feels like bullets flying at my head right now, Fine s
